Adenium secures 10MW PV project PPA in Jordan

Facebook
Twitter
LinkedIn
Reddit
Email

Dubai-based investment company Adenium Energy Capital is to co-develop a 10MW PV power plant in Jordan.

The project is the company’s first outside Italy and Japan and will be located at the Ma’an Development Park and valued at around US$26 million.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Adenium said that it was partnering with Bright Group Investments on three projects totalling the 10MW, which has recently received a PPA of U.S.$0.169/kWh for 20 years with the National Power Electricity Company in Jordan and is expected to be grid connected by the second quarter of 2015.

Wassef Sawaf, CEO of Adenium said, “This project is a groundbreaking development for solar power in Jordan and the region. Our solar project is going to generate power from a clean source of energy, increasing Jordan’s energy independence. Moreover, this will present great economic savings to the Jordanian government, a solution we are proud to be part of. As for Adenium, this represents an important achievement in our region, making our investment one of the few private renewable energy investments in the Middle East.”

The company noted that it would be finalizing construction contracts and financing for the projects over the next few months and is its third solar infrastructure investment vehicle in the last two years, which adds to its 65MW portfolio in Japan and 60MW in Italy.

Read Next

July 4, 2025
Chinese PV provider Skycorp Solar Group has announced a solar plant acquisition and development strategy following unanimous board approval.
July 4, 2025
Germany’s latest innovation tender has awarded 488MW of co-located capacity, with all the projects being solar PV tied with energy storage.
July 4, 2025
Risen Energy’s mass-produced heterojunction (HJT) modules have reached a cell conversion efficiency of 26.61%, a record figure for the company.
July 4, 2025
The US House of Representatives has passed the final version of the reconciliation bill that is now going to US President Donald Trump’s desk for his signature before its passing.
July 4, 2025
Australian retailer AGL Energy has confirmed its acquisition of South Australia’s Virtual Power Plant (SAVPP) from Tesla.
July 3, 2025
Renewable energy curtailment in Brazil is set to reach 8% across the country, and be as high as 11% in the north-east, by 2035.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK